LONDON (Reuters) - Britain’s opposition Labour Party on Tuesday took aim at “obscene” billionaires, pledging a radical redistribution of wealth to cut the power of the super rich and to introduce policies including a pay cap at some companies.

Who's Behind The Blog

Pia Rayner is a businesswoman and social commentator. She ran for Congress in Philadelphia in 2010 and has written for Mises, Glenn Beck's Fusion Magazine and The Libertarian Republic. She currently resides in the United Kingdom with her husband and son. She runs her business, Just A Splash, and sings in a folk rock band. Her goal with the Laissez Faire Lounge is to create a place where the events and issues of the day are presented with a rational and balanced voice which counters the hype and polarization that pervades modern media.